Stocks to buy today: Hindustan Oil Exploration, Tata Steel, Welspun and Wipro among list of 20 stocks for profitable trade on June 10

Even as Indian market ended higher on Thursday with benchmarks Nifty50 and Sensex gaining more than half per cent each, the cues from Asian and US markets were negative on Monday.  

SGX Nifty Futures, which indicate Indian market opening trend, declined in the morning and was trading lower by more than 230 points.  

Besides, Japanese Nikkei 225, Hang Seng Index at the Hong Kong Exchange and Chinese Shanghai Composite were also sitting in the red in early trade. Nikkei 225 dropped nearly 1.5 per cent, Hang Seng Index declined more than one per cent Shanghai Composite traded lower by 0.1%.  

Earlier, the US market too slipped in the red ahead of the FOMC meeting.  US equity benchmarks Dow Jones closed with a cut of 638 points, Nasdaq ended lower by 332 points and S&P 500 ended lower by 500 points on Thursday.  

Meanwhile, Zee Business research team brings you a list of 20 stocks that can be bought for profitable trade. The list is prepared by the team on a daily basis and comprises intraday stocks, F&O calls and stocks to buy on a short to long-term basis. Based on news development and share movements, these stocks are picked from cash, F&O and techno space to help investors make money on their capital. Hindustan Oil Exploration, Tata Steel, Welspun and Wipro are among top 20 stocks to watch today.  

Zee Business Stocks on June 10

Kushal Gupta Stock Picks 
 
Cash 
Hindustan Oil Exploration - Buy - 220, sl - 210 
 
FTR 
Hindalco FUT - sell - 390, sl - 406 
 
OPTN 
Tata Steel 1040 PE@68 - buy - 87, sl - 60 
 
Techno 
SBI FUT -sell - 455, sl - 472 
 
Funda 
Tata Motors FUT- sell - 418, sl - 436 
 
Invest 
M&M - buy - 1300duration - 1 year 
 
News 
Dr Reddy - Buy - 4440, sl - 4285 
 
mychoice 
JSW Steel FUT - sell - 560, sl - 580 
JSPL FUT- sell - 360, sl - 375 
IB Housing Fin FUT - sell - 114, sl - 120 
 
Best pick 
Tata Motors FUT- sell - 418, sl - 436 
 
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Varun Dubey stock Picks
Cash 
Buy Welspun Ent Target Rs 104 SL RS 98 
 
Futures 
Sell Apollo Tyres FUTTarget Rs 199 SL RS 207 
 
Options 
Buy Wipro 470 PE Target Rs 15 SL RS 10 
 
Tech 
Sell SAIL FUT Target Rs 72 SL RS 76 
 
Funda 
Buy IIFL Finance Target Rs 340 SL RS 322 
 
Investment Pick 
Buy Gillette Target Rs 5500 Duration 4 Months 
 
News 
Buy Bajaj Auto Target Rs 4000 SL RS 3800 
 
My Choice 
Sell Piramal Ent FUT Target Rs 1690 SL RS 1760 
Sell LIC Housing Finance FUT Target Rs 330 SL RS 346 
Sell Shriram Transport FUT Target Rs 1130 SL RS 1180 
 
Best Pick 
Buy Bajaj Auto Target Rs 4000 SL RS 3800